Electrical energy industry

The electric power industry provides the production and distribution of electrical power, often known as electrical power, in quantities sufficient for areas needing electricity through a network. Many households and businesses need access to electricity, especially in developed countries. The demand for electricity is derived from the need for this for the operation of household appliances, office equipment, industrial machinery and provide sufficient energy for domestic and commercial lighting, heating, cooking and industrial processes. Organization

The electric power industry is usually divided into four processes. It deals with the generation of electricity as a power station, transmission of electric power, distribution of electric power and retailing of electricity. In many countries, electric power companies own the entire infrastructure from generation of stations to the infrastructure of transportation and distribution. For this reason, electric power is considered a natural monopoly. The industry is generally highly regulated, often with price controls and is often the government owned and operated. The nature and state of the electricity market reform often determines whether power companies may be involved in some of these processes without having to own the entire infrastructure, or citizens choosing the components of the infrastructure to patronize. / p>

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